Скачать или смотреть Small Business Bookeeping Essentials

Join us for essential small business bookkeeping fundamentals that every entrepreneur needs to master. Whether you're handling your own books or working with a bookkeeping firm, understanding these core principles will give you better visibility into your company's financial health and help you make informed business decisions.

What You'll Learn:
The three essential financial statements every business owner must understand (P&L, Balance Sheet, Cash Flow)
Why separating business and personal accounts is crucial for tax compliance and clarity
How to properly categorize expenses to avoid costly mistakes in your financial reporting
Cash flow management techniques to ensure you can pay yourself and your employees
The importance of tracking accounts receivable and payable for accurate financial planning
Best practices for organizing receipts and invoices for tax and audit purposes

[00:00-00:17] - Introduction to the three main financial statements overview
[00:17-00:51] - The profit & loss statement
[00:51-01:15] - Balance sheet fundamentals: assets, liabilities, and equity
[01:15-01:29] - Cash flow statement and operational visibility
[01:29-02:08] - Importance of separating business and personal accounts
[02:08-03:01] - Proper expense categorization and when to hire professionals
[03:01-04:01] - Cash flow management and forecasting essentials
[04:01-04:42] - Reconciling bank accounts with financial statements
[04:42-05:00] - Keeping receipts and staying organized

Learn more about Small Business Bookkeeping at https://www.finaloop.com/blog/small-b...

Need help with your bookkeeping? Check out professional bookkeeping services to take your financial management to the next level.
👉 Finaloop: https://www.finaloop.com/